Florida Administrative Code (Last Updated: October 28, 2024) |
69. Department of Financial Services |
69O. OIR – Insurance Regulation |
69O-163. Credit Life And Credit Disability Insurance |
Effective on Wednesday, September 30, 2009
1Credit life insurance shall 5not exceed ten years from the date of issue and 15provide coverage for at least 5 years or the term of the loan if the loan is for less than 5 years37.
38Rulemaking 39Authority 40624.308(1), 41627.678 FS. 43Law Implemented 45624.307(1), 46627.681, 47627.6785(3), 48627.681(3) FS. 50History–New 2-11-03, Formerly 4-163.0075, 54Amended 9-30-0956.